Coldwell Banker Commercial Blair is pleased to present 18327 and 18331 Gridley Rd in Cerritos, CA For Sale. This is the first time that these properties have been available for sale since 1998. These properties consist of two- two story office buildings with 14 units totaling approximately 27,520 SF of improvements (inclusive of the exterior walkways, title shows 21,706 SF) situated on approximately 75,102 SF of land. The large onsite parking lot provides ample parking for businesses. All the tenants are either on month-to-month or short-term leases which would make this property attractive for either an owner/user, an investor looking for upside potential, or a developer interested in developing close to an acre and half of land. The subject properties are located between bustling Los Angeles and vibrant Orange County. They are directly adjacent to the Los Cerritos Center, commonly known as the Cerritos Mall. This 100-acre shopping mall includes high end stores featuring Apple, Nordstrom, Zara, MAC, and Lululemon, and dining establishments Cheesecake Factory, P.F. Chang’s, The Lazy Dog Restaurant and Bar, Harkins movie theatre, and is a go-to destination for Southern California shoppers. Not only does this property benefit from its proximity to the mall but it is minutes from the renowned Cerritos Auto Square, the largest auto mall in the world with 29 imports and domestic brands.
| Property Type | Office Bldg |
|---|---|
| Year Built | 1981 |
| Level Number | 2 |
| Listing ID | HKYQS6 |
| Style | Office Bldg -General |
| Building Size | 21,706 SF |
| Lot Size | 75102 SF |
Property Highlights
Great Owner User, Investor, or Development Opportunity! Unique variety of medical and service-based businesses Centrally located Directly served by the 5, 605, and 91 Freeway Adjacent to Cerritos Mall 110 Onsite parking stalls First time on the market since 1998
Area DescriptionZoning Description: CR- Regional Commercial Zone: The CR zone is intended to provide for the conduct of business serving a regional area including primarily the retail sale of shopping goods and services and a variety of commercial and professional activities. It is further intended that these activities shall provide additional municipal revenue as well as business opportunities and employment opportunities for residents of the city. Permitted uses include but are not limited to apparel stores, banks, medical clinics, food stores, furniture stores, health clubs, motels and hotels, restaurants, and more. For more information, please visit the city of Cerritos municipal code. Buyer to verify.
| Parking Places: | 110 |